$APE Short Liquidation Alert!
A significant $25.61K short position was liquidated at $1.6214, showing strong buying momentum as sellers got squeezed.
What’s Happening?
Short Liquidation: Bears were forced to exit, boosting buying pressure.
Bullish Signal: Momentum is shifting upward as buyers take control.
Key Levels to Watch
Resistance: $1.65 – Breaking this level could trigger further gains.
Support: $1.60 – Buyers must hold this zone to sustain momentum.
What’s Next?
For Long-Term Holders: Watch for a breakout above $1.65 to confirm strength.
For Traders:
Look for price action above $1.65 for a potential bullish entry.
Use stop-losses below $1.60 to manage risks.
Market Context
If bullish momentum continues, further short squeezes could drive the price higher. Watch for volume spikes and overall market trends.
APE is showing strength—$1.65 is the key level to watch for the next breakout!